Is Bitcoin A Scam?

In today's episode, Kiana talks to Dr. Mark Van Rijmenam, who is a speaker on Artificial Intelligence (AI), analytics, and blockchain. He is also the founder of Datafloq, a data and blockchain strategist. Dr. Mark is the author of the best selling book Think Bigger: Developing A Successful Big Data Strategy For Your Business. Kiana asks him different topics circling on the connection of blockchain, crypto, and big data. Dr. Mark also answers inquiries regarding Cloudera, Bitcoin being a scam, and the possible reign of Artificial Intelligence.

Is Bitcoin A Scam?b

Kiana states that there are still people who don’t believe in Bitcoin because they think it’s a scam. Dr. Mark believes that the reason for the refusal to accept in the crypto tech is because of previous scams. He further explains that BlockChain and cryptocurrency is not a scam; it all depends on how you use the vast technology. Understanding cryptocurrency requires more than just a month or two of studying because of the complexity and uniqueness.

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Trading forex (also known as foreign exchange or currencies) on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, risk appetite, and the amount of your expendable income. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should ONLY invest money that you can afford to lose! You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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Editors’ Picks

Bitcoin is trading between the Simple Moving Averages support and resistance. The 100 SMA on the four-hour chart is offering support at $10,149 while on the upside the 50 SMA will limit movement at $10,364.

Speaking in the interview with CNN, Garlinghouse confessed that Ripple was the largest owner of XRP tokens, and thus the most interested party in the success of the project. Meanwhile, selling XRP onto the market does not qualify as the best success strategy.

The cryptocurrency market situation has barely changed in recent 24 hours. Bitcoin and the majority of altcoins out of top-20 managed to recover during late Thursday hours; however, no major breakthroughs happened.

IOTA has defied the broad-based bear pressure to post a subtle 1.3% increase in value on the day. Prior to the impressive correction on Monday, IOTA was consolidating above the short-term support at $0.2350. The initial recovery from the recent low at $0.2268 failed to break the resistance $0.25.

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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

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